Please Kindly show the workings also. So that I can understand the answers.

Q1. Fiona Company Ltd has set the following standards to produce one unit of product. Normal production each month is 500 units. Direct Material 8 Kg@ 6.5 per kg $52 Direct Labor 4 hours @7.00 per hour $28 During June, actual production amounted to 420 units. All direct material was purchased and used this month. Actual cost amounted toDirect Material 3500kg $21875 Direct Labor 1720hours $12212 Determine the standard material quantity allowed for June production. (Show The Workings) Q2. Richard's Division of Richard and Sons has the following data related to a particular period: Average Invested Capital $700,000 Imputed Interest Rate 10% Revenues $1900,000 Variable costs $1150,000 Fixed costs related solely to the division $673000 Calculate the amount of residual income for the period. (Show The Workings) Q3. A firm currently makes a component, and requires 30 000 of them for the coming year's production. Another supplier has offered the part at a delivered price of $3 per unit. It would cost $3000 to check purchased units for quality. Product costs per unit for the past year were $2.35 variable and $1 fixed based on 30 000 units. If the component was bought, fixed overhead would be reduced by $6000, the cost of leasing specialized equipment. The space vacated by the equipment can be rented for $4000 for the year. What should the decision be? Should the firm buy or make? Why? (Show The Workings) Q4.BeActive Sporting Goods sells tandem bicycles. The following data was taken from the most recent quarterly sales forecast Expected Sales Units Target inventory at the end of the month April 1400 315 May 1575 412 June 1650 425 BeActive's cost for one bicycle is $125. What dollar amount should the company budget for June purchases? Q5. Avocado Ltd produces small electronic components for kitchen appliances. Two of its products are Component Y and Component Z. The selling price of Component Y is $15, and the selling price of Component Z is $20. The variable cost per unit for Component Y is $8 and the variable cost per unit of Component Z is $11. The machine hour requirement and demand for the two products are Component Y Component Z Monthly demand 1000 2500 Machine hours required per unit 2 hours 3 hours Avocado Ltd's production capacity is 6500 machine hours per month. What is the optimal product mix ? (Show the workings)